Electricity prices in Europe are expected to remain volatile through 2025, with Italy projected to have some of the highest rates among major European economies. This trend reflects the ongoing challenges in the energy sector, including the transition to renewable sources and the impact of geopolitical events on supply chains. Despite efforts to stabilize the market, prices in countries like Italy are forecasted to reach ****** euros per megawatt hour by February 2025, indicating persistent pressure on consumers and businesses alike. Natural gas futures shaping electricity costs The electricity market's future trajectory is closely tied to natural gas prices, a key component in power generation. Dutch TTF gas futures, a benchmark for European natural gas prices, are projected to be ***** euros per megawatt hour in April 2025. This represents an increase of about ** euros compared to the previous year, suggesting that gas prices will continue to influence electricity rates across Europe. The reduced output from the Groningen gas field and increased reliance on imports further complicate the pricing landscape, potentially contributing to higher electricity costs in countries like Italy. Regional disparities and global market influences While European electricity prices remain high, significant regional differences persist. For instance, natural gas prices in the United States are expected to be roughly one-third of those in Europe by March 2025, at **** U.S. dollars per million British thermal units. This stark contrast highlights the impact of domestic production capabilities on global natural gas prices. Europe's greater reliance on imports, particularly in the aftermath of geopolitical tensions and the shift away from Russian gas, continues to keep prices elevated compared to more self-sufficient markets. As a result, countries like Italy may face sustained pressure on electricity prices due to their position within the broader European energy market.

Natural gas prices for households in the European Union are more expensive for those with a consumption of less than 200 gigajoules. In 2024, for households with such a level of annual consumption, the natural gas price amounted to an average of 11.69 euro cents per kilowatt-hour, while for consumption levels higher than 200 gigajoules, figures stood at 10.43 euro cents per kilowatt-hour. Sweden is the country with the most expensive household gas prices in the EU.

Energy Prices In the Euro Area increased to 143.69 points in June from 143.35 points in May of 2025. This dataset includes a chart with historical data for Euro Area Energy Prices.

TTF Gas fell to 32.37 EUR/MWh on July 24, 2025, down 1.76% from the previous day. Over the past month, TTF Gas's price has fallen 8.56%, but it is still 1.12% higher than a year ago, according to trading on a contract for difference (CFD) that tracks the benchmark market for this commodity. EU Natural Gas TTF - values, historical data, forecasts and news - updated on July of 2025.

European Union - Electricity prices: Medium size households was EUR0.29 Kilowatt-hour in December of 2024, according to the EUROSTAT. Trading Economics provides the current actual value, an historical data chart and related indicators for European Union - Electricity prices: Medium size households - last updated from the EUROSTAT on July of 2025. Historically, European Union - Electricity prices: Medium size households reached a record high of EUR0.29 Kilowatt-hour in December of 2023 and a record low of EUR0.17 Kilowatt-hour in December of 2010.

Graph and download economic data for Harmonized Index of Consumer Prices: Electricity, Gas and Other Fuels for Euro Area (19 Countries) (CP0450EZ19M086NEST) from Dec 1999 to Jun 2025 about fuels, electricity, harmonized, Euro Area, gas, Europe, CPI, price index, indexes, and price.

The inflation rates of various energy commodities in the European Union began to decrease in late 2022 after skyrocketing earlier that year. Liquid fuels' inflation rate stood at -12 percent in April 2025 after having seen the steepest increase in June 2022 at 88 percent. These developments occurred following Russia's invasion of Ukraine, which has been the cause of uncertainty over Europe's security of gas supply, as well as intense energy price volatility. Since 2024, the electricity and gas prices have shown an increasing trend.

European Union - Electricity prices: Non-household, medium size consumers was EUR0.16 Kilowatt-hour in December of 2024, according to the EUROSTAT. Trading Economics provides the current actual value, an historical data chart and related indicators for European Union - Electricity prices: Non-household, medium size consumers - last updated from the EUROSTAT on July of 2025. Historically, European Union - Electricity prices: Non-household, medium size consumers reached a record high of EUR0.19 Kilowatt-hour in December of 2023 and a record low of EUR0.08 Kilowatt-hour in December of 2017.

Annual national average electricity prices, in euro per kWh, charged to medium size households (annual consumption between 2500 and 5000 kWh) and medium size non-household consumers (annual consumption between 500 MWh and 2000 MWh). Prices include energy, supply and network costs, plus VAT and the rest of taxes.

Graph and download economic data for Harmonized Index of Consumer Prices: Energy for Euro Area (19 Countries) (ENRGY0EZ19M086NEST) from Dec 1999 to Jun 2025 about harmonized, energy, Euro Area, Europe, CPI, price index, indexes, and price.

This indicator presents electricity prices charged to final consumers. Electricity prices for industrial consumers are defined as follows: Average national price in Euro per kWh without taxes applicable for the first semester of each year for medium size industrial consumers (Consumption Band Ic with annual consumption between 500 and 2000 MWh). Until 2007 the prices are referring to the status on 1st January of each year for medium size consumers (Standard Consumer Ie with annual consumption of 2 000 MWh). Electricity prices for household consumers are defined as follows: Average national price in Euro per kWh including taxes and levies applicable for the first semester of each year for medium size household consumers (Consumption Band Dc with annual consumption between 2500 and 5000 kWh). Until 2007 the prices are referring to the status on 1st January of each year for medium size consumers (Standard Consumer Dc with annual consumption of 3500 kWh).

Annual national average natural gas prices, in euro per Gigajoule, charged to medium size households (annual consumption between 20 and 200 GJ) and medium size non-household consumers (annual consumption between 10 000 and 100 000 GJ). Prices include energy, supply and network costs, plus VAT and the rest of taxes.

Spain - Electricity prices: Non-household, medium size consumers was EUR0.12 Kilowatt-hour in December of 2024, according to the EUROSTAT. Trading Economics provides the current actual value, an historical data chart and related indicators for Spain - Electricity prices: Non-household, medium size consumers - last updated from the EUROSTAT on July of 2025. Historically, Spain - Electricity prices: Non-household, medium size consumers reached a record high of EUR0.18 Kilowatt-hour in December of 2022 and a record low of EUR0.08 Kilowatt-hour in December of 2020.

The domain ‘Energy’ covers a broad spectrum of data.

Energy quantities: Annual data on crude oil, oil products, natural gas, electricity, solid fuels and renewables covering the full spectrum of the energy balance positions from supply through transformation to final energy consumption by sector and fuel type. Monthly data on crude oil, oil products, natural gas, electricity and solid fuels, covering mainly the supply side.

Energy prices: Half-yearly data on electricity and natural gas prices both for industrial end-users as well as for households; together with pump prices of premium unleaded gasoline 95 RON and diesel oil, as well as prices of heating oil and residual fuel oil. Prices are provided without taxes, with VAT and with all taxes included in monetary units (euro, national currencies and purchasing power parities).

Energy indicators: Seven selected energy indicators belonging to the major collection ‘Structural indicators’ and four indicators belonging to the collection ‘Euro indicators’ are included.

European Union Natural Gas Price: HC: Less Than 20 GJ: excl VAT & Other Recoverable Taxes & Levies: EA data was reported at 0.158 EUR/kWh in Dec 2024. This records an increase from the previous number of 0.134 EUR/kWh for Jun 2024. European Union Natural Gas Price: HC: Less Than 20 GJ: excl VAT & Other Recoverable Taxes & Levies: EA data is updated semiannually, averaging 0.093 EUR/kWh from Jun 2007 (Median) to Dec 2024, with 36 observations. The data reached an all-time high of 0.158 EUR/kWh in Dec 2024 and a record low of 0.071 EUR/kWh in Jun 2007. European Union Natural Gas Price: HC: Less Than 20 GJ: excl VAT & Other Recoverable Taxes & Levies: EA data remains active status in CEIC and is reported by Eurostat. The data is categorized under Global Database’s European Union – Table EU.P003: Eurostat: Natural Gas Price: Household Consumers.

Graph and download economic data for Harmonized Index of Consumer Prices: Electricity, Gas, Solid Fuels and Heat Energy for European Union (ELGAS0EUCCM086NEST) from Jan 1996 to Jun 2025 about heating, EU, fuels, electricity, harmonized, energy, gas, Europe, CPI, price index, indexes, and price.

Graph and download economic data for Global price of Natural gas, EU (PNGASEUUSDM) from Jan 1990 to Jun 2025 about EU, gas, World, Europe, and price.

Graph and download economic data for Harmonized Index of Consumer Prices: Electricity for European Union (28 Countries) (CP0451EU28M086NEST) from Dec 2000 to Jan 2020 about EU, electricity, harmonized, Europe, CPI, price index, indexes, and price.